IGT Enhances VLT Footprint in Western Canada with Market-Leading Content and Hardware

Rhea-AI Summary

International Game Technology (IGT) has signed a contract with the Western Canada Lottery Corporation (WCLC) to supply 700 CrystalDual® 27 video lottery terminals (VLTs). This agreement continues IGT's successful partnership with WCLC, marking their third significant VLT contract in five years. The new VLTs will introduce The Price is Right® game for the first time in Canada, enhancing player options with a diverse game bundle. The CrystalDual 27 features advanced technology, including high-definition graphics and player-friendly interfaces, aimed at improving the overall gaming experience.

Positive

• Awarded contract for 700 VLTs strengthens IGT's partnership with WCLC.
• Introduces popular The Price is Right® content enhancing player engagement.
• Advanced CrystalDual 27 VLTs offer high-definition graphics and unique features.

Negative

• None.

LONDON, July 6, 2021 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT), announced today that it signed a contract with the Western Canada Lottery Corporation ("WCLC") to provide 700 CrystalDual^® 27 video lottery terminals (VLTs). This marks the third time in five years that IGT has been awarded a significant VLT contract by WCLC following competitive procurements.

As part of the agreement, IGT will launch The Price is Right^® VLT content for the first time in the Canadian market. Inspired by North America's highest-rated daytime television game show, The Price is Right is among the top player-favorite brands in IGT's game library. In addition, IGT will introduce a market-attuned content bundle so players can select which game they want to play from a variety of exciting titles available.

"IGT's cabinets and content have proven to entertain and engage players throughout the Saskatchewan VLT network since 1993," said Eric Karmark, WCLC Vice President, VLT Gaming & Operations. "By adding new IGT VLTs at our gaming venues, we're continuing in our commitment to provide our players an enjoyable gaming experience by offering popular themes on a modern platform."

"Extending IGT's relationship with WCLC through the delivery of 700 additional VLT units reinforces the depth of our commitment to the Lottery's continued growth, and the quality of IGT's content and cabinet for the Canadian market," said David Flinn, IGT Regional Vice President, Canada, South and Central America. "The CrystalDual 27 continues to prove its versatility and relevance in gaming markets around the world, and we're pleased to help WCLC elevate gaming throughout the province with this advanced cabinet."

The CrystalDual 27 VLT features two displays delivering high-definition graphics. The cabinet has a first-class audio package, ergonomic design, enhanced player interface and a mobile device charging port to provide exceptional player experiences.

In addition, the cabinets incorporate the Game to System (G2S) communication protocol, which enables new, advanced features for WCLC such as software download, remote configuration and software verification, and an embedded player user interface that delivers an interactive experience. These new VLTs will be connected by IGT's INTELLIGEN™ central system, operated by WCLC for machine accounting, event tracking, and system security.

For more information, visit IGT.com, or go to Facebook at facebook.com/IGT or watch IGT videos on YouTube at youtube.com/igt. 

About IGT
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

Contact:
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, +39 3485475493; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190

© 2021 IGT

The Price is Right®/©: 2021 Licensed by FremantleMedia North America, Inc. All Rights Reserved

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

 

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SOURCE International Game Technology PLC

FAQ

What is the significance of the contract between IGT and WCLC?

The contract involves IGT supplying 700 video lottery terminals, reinforcing their ongoing partnership and commitment to providing advanced gaming solutions.

When was the contract with WCLC announced?

The contract was announced on July 6, 2021.

What new game content will IGT introduce in Canada?

IGT will launch The Price is Right® VLT content for the first time in the Canadian market.

What are the features of the CrystalDual 27 VLTs?

The CrystalDual 27 features high-definition graphics, a modern ergonomic design, enhanced user interface, and player device charging ports.

How does the new VLT contract impact IGT's stock performance?

The impact on stock performance will depend on market reactions to the contract's potential to drive revenue growth and enhance player engagement.